BSECompany Update23 Jun 2026 · 23 Jun 2026, 10:52 pm
Incorporation of step-down wholly owned subsidiary in Ireland
Zydus Wellness Ltd-$ · 531335
✦ AI Summary▲ PositiveExpansion
Zydus Wellness Ltd's wholly-owned subsidiary, Zydus Wellness International DMCC (UAE), has incorporated a new step-down wholly-owned subsidiary named Zydus Wellness (EU) Limited in Ireland. The new entity, with an initial share capital of €100, was established on June 23, 2026. Its primary objective is business expansion within the Vitamins, Minerals and Supplements (VMS) industry in Ireland. ZWEL is yet to commence operations and currently has no turnover.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment7/10
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Full Announcement
Zydus Wellness Ltd-$ - 531335 - Incorporation Of Step-Down Wholly Owned Subsidiary In Ireland
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June 23, 2026
Listing Department Code: 531 335
BSE LIMITED
P. J. Towers, Dalal Street,
Mumbai–400 001
Listing Department Code: ZYDUSWELL
NATIONAL STOCK EXCHANGE OF INDIA LIMITED
Exchange Plaza, C/1, Block G,
Bandra Kurla Complex,
Bandra (E),
Mumbai–400 051
Sub.: Incorporation of step-down wholly owned subsidiary in Ireland
Ref.: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“the Listing Regulations”) read with the SEBI Master
Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (“the
SEBI Master Circular”)
Dear Sir / Madam,
This is to inform that Zydus Wellness International DMCC, UAE (“ZWID”), a wholly owned
subsidiary of the Company has incorporated a wholly owned subsidiary in the name of Zydus
Wellness (EU) Limited (“ZWEL”) in Ireland today i.e. on June 23, 2026. The Certificate of
Incorporation of ZWEL was received by the Company today i.e. on June 23, 2026 at 3:36 p.m.
(IST).
The details required to be disclosed under Regulation 30 read with clause no. 1.1 of Para A of
Part A of Schedule III of Listing Regulations and SEBI Master circular are provided in
Annexure-“A”.
We request you to kindly take this on record.
Yours faithfully,
For, ZYDUS WELLNESS LIMITED
NANDISH P. JOSHI
COMPANY SECRETARY & COMPLIANCE OFFICER
Encl. As above
Annexure-“A”
Sr. Particulars Description
a. Name of the target entity, Name of the entity: Zydus Wellness (EU) Limited
details in brief such as size,
turnover etc. Share Capital: The share capital of ZWEL is €100
dividend into 100 ordinary shares of €1 each.
Turnover: Nil (ZWEL is yet to commence its
operations).
b. Whether the acquisition would Since ZWEL is a newly incorporated company, it is not
fall within related party a related party transaction.
transaction(s) and whether the
promoter/ promoter group/ None of the Promoter / Promoter group / Group
group companies have any companies are interested in this incorporation,
interest in the entity being except ZWID, which is holding 100% share capital of
acquired? If yes, nature of ZWEL.
interest and details thereof and
whether the same is done at
“arm’s length”.
c. Industry to which the entity Vitamins, Minerals and Supplements (“VMS”).
being acquired belongs.
d. Objects and impact of Business expansion.
acquisition (including but not
limited to, disclosure of reasons
for acquisition of target entity, if
its business is outside the main
line of business of the listed
entity).
e. Brief details of any Not applicable.
governmental or regulatory
approvals required for the
acquisition.
f. Indicative time period for Not applicable.
completion of the acquisition.
g. Consideration - whether cash Cash consideration.
consideration or share swap or
Sr. Particulars Description
any other form and details of
the same.
h. Cost of acquisition and/or the Not applicable.
price at which the shares are
acquired.
i. Percentage of shareholding / 100%. ZWID has subscribed 100 ordinary shares of €1
control acquired and / or each of ZWEL.
number of shares acquired.
j. Brief background about the Brief background in terms of products / line of
entity acquired in terms of business: VMS.
products / line of business
acquired, date of incorporation, Date of incorporation: June 23, 2026.
history of last 3 years turnover,
country in which the acquired Turnover: Nil. ZWEL is yet to commence its
entity has presence and any operations.
other significant information (in
brief). Country in which the entity has presence: Ireland.